How to Manage Your First Property and Avoid Tenant Headaches (actual passive income) | 1324

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 1 August 2024

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are you hesitant to dive into property ownership or expand your real estate portfolio due to fears of the management hassles? You're not alone. In this episode, we'll debunk those fears and reveal how to transform property management from a potential nightmare into a streamlined, income-generating machine. Join us as we explore the essential responsibilities of property management, including tenant placement, property maintenance, financial management, and more. We’ll break down the ROI matrix to show you how real estate investment offers unparalleled returns compared to traditional assets. From maximizing appreciation and cash flow to leveraging depreciation and amortization, you'll see how these profit centers work together to create substantial wealth. But there's more to managing properties than just handling tasks yourself. We'll guide you through hiring the right property manager—someone who can handle the nitty-gritty details while you reap the rewards. Learn the 10 commandments of selecting and working with property managers to ensure smooth operations and optimize your investment returns. Ready to make property management a breeze and focus on growing your portfolio? Tune in to discover how you can enjoy the true benefits of passive income and achieve financial freedom with real estate. Don’t miss this opportunity to get the insights and strategies you need to turn your property investments into a profitable and hassle-free venture. Press play now to get started! P.S. Whenever you're ready to go deeper and further with your real estate investing, looking into my partner program to help you get your first deal might be the move... take the first step here for free 👉 Here’s the deal, I’ll partner with you on your first real estate deal, and we’ll split the profits. It’s that simple. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is Terrio Media.
0:05.0	Hey, strap in.
0:07.0	It's time for the epic real estate investing show.
0:10.0	You'll be your guides as we navigate the housing market,
0:12.7	the landscape of creative financing strategies
0:15.3	and everything you need to swap that office chair for a beach chair.
0:18.8	If you're looking for some one-on-one help,
0:21.2	meet us at re IAS.comS-C-C-C-C-C-C-O.
0:25.0	Let's go, let's go, let's go, let's go.
0:27.0	Let's go.
0:28.0	Have you been reluctant to own rental property or purchase more than you already have
0:32.0	because the management is or has
0:34.5	has the potential to be a total nightmare.
0:36.8	I get it.
0:37.8	I've been through it.
0:38.3	The bad and the ugliest you can think of.
0:40.6	But these days it's all good and I'll share how I manage property
0:43.8	smoothly so you can relax and enjoy the passive income real estate
0:47.0	promises by the end of this you'll know your basic responsibilities as a
0:50.7	property manager why they are worth every second via the ROI matrix, and how to carry out these
0:55.8	responsibilities with minimal effort, time, and expense.
0:59.8	First, as a property manager, these are your 12 vital responsibilities for running a property
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Matt Theriault, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Matt Theriault and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.